Bitcoin gained 1,900% in Trump’s first term: Will BTC price hit $1M this time?

The Web3 development platform and infrastructure provider will support Solana-built applications, despite the blockchain halting multiple times in 2022. 49 Total views 1 Total shares In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the…

Tuesday started with a bang after Poly Network was hacked for $610 million in funds in what appears to be the worst hack in the history of decentralized finance and the price of Bitcoin (BTC) dropped by by 2% to trade near $45,000. Despite the severity of the hack, most altcoins are holding on to their…

Binance hopes to enable smooth BTC deposits and withdrawals while tackling network congestion issues. 413 Total views 1 Total shares On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a crucial step toward integrating it for deposits and withdrawals.In a tweet, Binance acknowledged users who…

US Securities and Exchange Commission member Hester Peirce, currently leading the agency’s crypto task force, offered a preview of what the industry could expect now that Paul Atkins has been sworn in as the regulatory body’s chairman. Speaking to Cointelegraph before the US Senate confirmed Atkins’ nomination and he took his position as SEC chair

This past week, the decentralized finance (DeFi) ecosystem was ruled by decentralized autonomous organizations and new fund launches for the growth of the Web3 ecosystem. The total number of DAOs surged by eight times while Solana launched a $100 million DeFi fund.Optimism, an Ethereum layer-2 protocol that Vitalik Buterin recently praised for its governance model,…

Despite being underpinned by blockchain technology that promises security, immutability, and complete transparency, many cryptocurrencies like Bitcoin SV (BSV), Litecoin (LTC) and Ethereum Classic (ETC) have been subject to 51% attacks several times in the past. While there are many mechanisms by which malicious entities can and have exploited blockchains, a 51% attack, or a…

China controls much less Bitcoin (BTC) mining power than people think, according to a new survey.Released on July 16 by asset manager Fidelity and crypto research firm BitOoda, the survey reveals that China is actually responsible for around 50% of Bitcoin mining — not 65%.Much Chinese Bitcoin mining capacity “unaccounted for”Analysts used what they describe…

Venture capital funds are eyeing Web 3.0-powered social networks as the next major growth vector in crypto and blockchain. 1683 Total views 24 Total shares Reddit co-founder Alexis Ohanian has teamed up with Solana Ventures to launch a new investment fund dedicated to Web 3.0 and social projects, potentially setting the stage for the next…